RoadShow debuts on the Stock Exchange
28 June 2001


Hong Kong, 28 June 2001ˇKRoadShow Holdings Limited ("RoadShow") (SEHK: 888) marked its debut today on the main board of the Stock Exchange of Hong Kong.

This followed a successful initial public offering last week, which drew enthusiastic response in Hong Kong, Singapore, Europe and the United States.

Speaking at the Group's listing ceremony at the Stock Exchange, RoadShow Group Managing Director Winnie Ng said the listing of RoadShow was a very important milestone in the development of Hong Kong's out-of-home media.

"The listing of RoadShow on the main board of the Stock Exchange means that Hong Kong's out-of-home media have entered into a new era of diversification and sophistication.

"With RoadShow's varied programmes, transit vehicle passengers can keep track of the community by receiving different information and entertainment on board, thereby making their transit vehicle journeys more enjoyable," Miss Ng said.

RoadShow is a leading out-of-home media sales company that primarily markets advertising to captive audiences by providing audio-visual programmes through a Multi-Media On Board system on transit vehicles in Hong Kong.

The Group's IPO last week drew an over-subscription of approximately 156 times of the 24 million public offer shares available for subscription.

As a result of the overwhelming response, shares have been reallocated to the Hong Kong offering from the international placing and the total number of shares available for Hong Kong public offer has been increased to 120 million.

RoadShow recorded a total turnover of approximately HK$403 million for 146 million shares on the first trading day. The Group's share price reached the highest of HK$2.9 and closed at HK$2.65 per share, and increase of 18 per cent compared with the offer price of HK$2.25.